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Ioana
Ioana S., 29, is married with 4 children. She has 2 years of experience in the bakery business. She sells to the villagers/public 3 days per week. She has no previous loans with SPBD. She expects her weekly net cash flow to be 400 Tala (approximately 166 USD). SPBD loans are Ioana’s only access to capital because she was never able to qualify for a loan with the traditional banks.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $6,344
    Average annual income
  • 121
    View loans »
    Samoa Loans Fundraising
  • $7,121,475
    Funds lent in using Kiva
  • 3.0
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ioana purchase bag of flour, sugar, cooking oil, whipping cream for icing and frying pan.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010